Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Marshall Islands Tech Journal.

Joint Statement on the Security and Resilience of Undersea Cables in a Globally Digitalized World
Communications networks underpin almost every aspect of our lives. Yet the rapid development of communication technologies and massive scale of these networks increases our dependency on these systems and introduces vulnerabilities. Undersea...

Governor Palacios meets with regional leaders at the 26th Micronesian Islands Forum
“We must keep our cultures strong, our values as people of Micronesia, and our friendships with each other” CNMI Governor Arnold Palacios, last week, met with regional leaders from Guam, the Federated States of Micronesia, the Republic of Palau,...

MIDAO Secures $1 Million in Fundraising to Expand Legal & Regulatory Architecture for Web3 & Decentralized Autonomous Organizations (DAOs)
MARSHALL ISLANDS, July 20, 2023 (GLOBE NEWSWIRE) -- Today, MIDAO, the leading provider of DAO registry services worldwide, announced the successful completion of a $1 million fundraise to further expand its innovative legal & regulatory framework...

President Lai attends luncheon hosted by overseas community in Guam
TAIWAN, December 5 - President Lai attends luncheon hosted by overseas community in Guam At noon on December 5 local time (morning of December 5 Taipei time), President Lai Ching-te attended an expatriate luncheon in Guam while on a transit stop...

President Lai meets delegation led by Oklahoma Governor Kevin Stitt
TAIWAN, December 9 - President Lai meets delegation led by Oklahoma Governor Kevin Stitt On the morning of December 9, President Lai Ching-te met with a delegation led by Oklahoma Governor Kevin Stitt. In remarks, President Lai thanked Governor...

Star Bulk Carriers Corp. Announces an Amended Dividend Policy and Share Buy-Back Under a New Share Repurchase Program
ATHENS, Greece, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced that the Company’s Board...

President Lai addresses Palau National Congress
TAIWAN, December 5 - President Lai addresses Palau National Congress On the evening of December 5 local time (earlier in the evening of December 5 Taipei time), President Lai Ching-te addressed the National Congress of the Republic of Palau as...

President Lai attends banquet hosted by overseas community in Honolulu
TAIWAN, December 1 - President Lai attends banquet hosted by overseas community in Honolulu On the evening of November 30 local time (noon of December 1 Taipei time), President Lai Ching-te attended an expatriate banquet in Honolulu while...

LEAP, globally popular software for energy, climate mitigation, and air pollution planning, to be offered free to an additional 54 countries
Screenshot from LEAP: Emissions variations by location. The countries eligible for free LEAP licenses now include all upper-middle-countries and most Small Island Developing States (SIDS), making the tool freely available to governments,...

Acting Deputy Secretary Daniel-Davis Focuses on Bolstering Climate Resilience, Strengthening International Partnerships at COP29
Date: Thursday, November 21, 2024 Contact: Interior_Press@ios.doi.gov BAKU, Azerbaijan — Acting Deputy Secretary Laura Daniel-Davis today wrapped up a week of participation in the 29th Conference of the Parties (COP29) of the United Nations...

Genco Shipping & Trading Limited Announces Q1 2024 Financial Results
NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial...

Visitor Industry Continued Improvement in October 2024
Posted on Nov 27, 2024 in News For Immediate Release: November 27, 2024 HONOLULU—According to preliminary statistics from the Department of Business, Economic Development and Tourism (DBEDT), there were 774,617 visitors to the Hawaiian Islands in...

Toro Corp. Announces the Provision of a Senior Term Loan to Castor Maritime Inc. and the Increase of its Investment in Castor’s Series D Preferred Shares
LIMASSOL, Cyprus, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), an international energy transportation services company, announces the agreement to provide a $100 million senior term loan facility to...

Enhanced partnerships launch Oil Spill Task Force in Majuro
Majuro, Marshall Islands - In a landmark collaboration, five Hawaii-based active duty members of the U.S. Coast Guard's 14th District and the Marine Environmental Response team from the newly established Regional Activities Center, alongside a...

Energy and Natural Resources Committee Clears Record Amount of Pending Legislation as Manchin Leads Last Business Meeting as Chairman
Washington, DC- Today, the Senate Committee on Energy and Natural Resources held their last business meeting of the 118th Congress and cleared a record number of 75 pieces of legislation pending before the committee. The business meeting also...

C3is Announces Agreement to Acquire Handysize Bulk Carrier from an Affiliated Company
ATHENS, Greece, April 12, 2024 (GLOBE NEWSWIRE) -- C3is Inc. (Nasdaq: CISS) (the “Company”) announced today that it has entered into an agreement to acquire the Bulk Carrier Eco Spitfire for $16.19 million from Brave Maritime, an affiliated...

Star Bulk Carriers Corp. Reports Net Profit of $81.3 Million for the Third Quarter of 2024, and Declares Quarterly Dividend of $0.60 per Share
ATHENS, Greece, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and...

Capital Clean Energy Carriers Corp. Announces Third Quarter 2024 Financial Results
ATHENS, Greece, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (the “Company”, “CCEC” or “we” or “us”) (NASDAQ: CCEC), an international owner of ocean-going vessels, today released its financial results for the third quarter...

Parsons Reports Record Results Since IPO for the Third Quarter of 2024
Q3 2024 Financial Highlights Record revenue of $1.8 billion increases 28% year-over-year Record organic revenue growth of 26%, including six consecutive quarters with year-over-year organic growth above 20% Record net income increases 52% to $72...

GasLog Partners LP Announces Closing of Acquisition by GasLog Ltd. of GasLog Partners LP’s Publicly Held Common Units
Majuro, Marshall Islands, July 13, 2023 (GLOBE NEWSWIRE) -- GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner, operator and acquirer of liquefied natural gas (“LNG”) carriers, today announced that it...